Business

Elon Musk’s Starlink systems are now deemed ineffective in Ukraine

Earlier this year, Elon Musk made statements that he has been supplying Ukraine with Starlink systems to help Ukraine overcome the battle that is currently taking place in their country. This move proved that these satellites were more than...

AS Bryden & Sons is set to go public this year

Seprod Group's recent subsidiary, AS Bryden & Sons, is set to go public later this year on the Jamaica Stock Exchange (JSE) leaving Seprod Group (SEP) to benefit greatly from such a development. Seprod acquired a majority stake in...

Delta Capital acquires Massy’s credit card portfolio

Delta Captial Group (Delta) will be taking over the credit card portion of Massy Barbados Limited. This deal has been in the works for some time and things are going in the right direction, especially given the fact that...

Sagicor quietly sold off all shares in its subsidiary X Fund

Sagicor Group Jamaica Ltd is winding down its operations in Sagicor Real Estate X Fund Ltd (XFUND) as they seek out more profitable ventures. X Fund, which once controlled various lodgings, presently possesses a single hospitality property - The DoubleTree...

Barita adds another major real estate asset to its portfolio

Barita made yet another major real estate purchase in St. Mary, this time they purchased Green Castle Estate which is another coastline property for $1.3 billion. This property comes with the famous Blue Hole attraction, which is popular in...

Facebook goes on hiring freeze as tech market cools

Following 10 years of hypergrowth, the organization previously known as Facebook is cutting staff growth. Bloomberg reports that Meta's CEO, Mark Zuckerberg declared plans to freeze recruiting and rebuild a few gatherings inside the organization Thursday in an inside...

Porsche poised to become world’s fourth largest automaker by market cap after upcoming IPO

Porsche plans to open up to retail investors on Thursday at a $73 billion valuation, catapulting the organization to turn into the world's fourth-most significant automaker and mesh billions of dollars for parent organization Volkswagen to propel its drive...

AIC Barbados Limited announces the sale of CVM TV

AIC Barbados Limited has announced the completion of the sale of CVM Television Limited to VertiCast Media Group Ltd. There have been reports that a deal of this was in making for some time, finally, we can safely say that...

GroceryListJa: Bridging the grocery shopping gap between the diaspora and Jamaica

GroceryList Jamaica is a digital grocery shopping company that allows residents in the diaspora to shop for anyone at home in Jamaica and will enable the products to be delivered to them. It’s an app that became necessary when...

Mystic Mountain’s sale is in advance talks despite internal legal issues

Reports are coming out that an offer to purchase Mystic Mountain Limited is in advanced talks from an unknown bidder. Given the fact that Mystic Mountain declared bankruptcy in February of 2022, it seems to be the logical choice...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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